June 15th, 2018The popular Indian e-commerce company Myntra is now on board to accelerate its growth by increasing the number of its offline stores from 12 to 100 in the coming two years’ time with the aim to make its private label business stronger.
According to the reports, the fashion etailer will open 50 stores featuring its most selling and...
May 21st, 2018Myntra’s marketing strategies and intelligence have lately given a boost to the fashion and lifestyle business of its parent company Flipkart. The losses for the FY17 have reduced by 25% to Rs. 655 crore as against Rs. 823 crore in the previous year.
The major strategy adopted by the fashion and lifestyle etailer has been the focus...
April 4th, 2018Mithun Sundar, former PepsiCo Senior Director will now be taking over Myntra’s Naresh Krishnaswamy position as Chief Revenue Officer and assist Myntra in its journey in growing its operations and the business as well. Mithun will be heavily relied on in proposing and implementing strategies in the firm’s near and long-term...
June 29th, 2017FMCG firm Marico has appointed Myntra-Jabong CEO Ananth Narayanan on its board as an additional (Independent) Director. Narayanan's appointment is for a five year time and is subject to the approval of the shareholders at the upcoming annual general meeting.
With Narayanan's appointment, Marico's board now has six independent...
August 23rd, 2016Flipkart-owned online fashion retailer Myntra today said it is on track to touch the USD 1 billion Gross Merchandise Value (GMV) mark this fiscal.
Myntra also said it has become the first ever Indian fashion e-commerce platform to clock the USD 1 billion run rate in annualised average GMV (post discounts) in July.
"We have now...
